Pub. 5 2015-2016 Issue 5

14 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S Countless resources in terms of work hours, effort and money are lost if a strategy is not right, but the same is true if a strategy is not well executed. FEATURE ARTICLE KENDALL E. COLMAN AND TODD LANCASTER, COLMAN COACHING The Corporate Coaching Company N i n e t y - t w o p e r c e n t o f L e a d - e r s Ca n' t E xe c ut e on S t r a t e g y “Strategy without tactics is the slowest route to victory. Tactics without Strategy is the noise before defeat.” - Sun Tzu Strategy is the Yin to the execution Yang: both depend on the other for their existence and yet in most organizations each exist inde- pendently of each other. However, only 8% of leaders are good at both strategy and execution {Leinwand 2015}. This supports the statistic that roughly 70% of all strategies fail in execu- tion hardly surprising {Forbes}. Countless resources in terms of work hours, effort and money are lost if a strategy is not right, but the same is true if a strategy is not well executed. For your organization to suc-